We are entrepreneurs who understand corporate and believe that today’s corporates are interested to work with entrepreneurs as look to innovate in an ever-changing and volatile world.
Corporates should look to unlock and leverage their assets to allow them to innovate better and scale up faster than traditional startups.
We focus on execution, not slides believing that doing is a better measure of confidence than telling others what should be done.
We are risk managers, knowing that reward comes with risk-taking but also that risk should be managed, and working together, corporates and entrepreneurs would be the best way to manage such risk.
We are humble, not the smartest guys in the room, but the hardest working ones, looking to integrate a diverse set of inputs as possible towards the best solution.
We are market-led, taking small risks towards market validation as the only true way of measuring success. We identify, engage, and build our solutions together with all stakeholders as a way of building together a better venture.
We take inspiration from the Wright Brothers in building their longer flying planes for a few different reasons that give rise to our own Venture Building beliefs.
The Brothers developed the skills needed for their success by working with different machinery, including motors, printing presses and others. Suggesting that the new should be built on existing assets.
While most of their competitors focused on building more powerful engines, the Wright Brothers focused on solving “the flying problem” which was balanced steering. Suggesting that money should not be thrown at the problem as a potential solution, but both the right problems and right solutions should be explored instead.
The brothers developed a home-built wind tunnel which allowed them to collect more accurate data to design more efficient wings and propellers. This suggests the important of testing and data as a base for the right solution.
Their eventual first U.S. patent was not the “invention of a flying machine” but rather “a system of aerodynamic controls to manage a flying machine surface.” Suggesting humility and being fact/traction focused instead of buzz focused.
It is also important to note that the Wright Brothers were very much supported by their mom Susan and their sister Katharine and for this reason, we have chosen to be the Wright Partners with the goal of making our partnership more inclusive.
USD 1.5m needed to achieve initial product-market fit – the key requirement for Series A funders.
70% of seed-funded ventures fail to attract Series A funding.
Valuation increase of ~4x typical for ventures which manage to raise Series A funding.